SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MALE JOHN R

(Last) (First) (Middle)
30000 AURORA ROAD

(Street)
SOLON OH 44139

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PVF CAPITAL CORP [ PVFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO & Chairman of Board
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2006 J(1) 298 A (1) 29,830(2) I By Family L.P.
Common Stock 12/21/2006 G V 965 D $0 195,382 I By Trust
Common Stock 01/16/2007 M 5,590 A $9.15 200,972 I By Trust
Common Stock 01/16/2007 F 4,876 D $10.49 196,096 I By Trust
Common Stock 27,605 I As custodian - UGMA(3)
Common Stock 51,253 I By IRA
Common Stock 11,237 I By Wife's Trust(4)
Common Stock 34,023(5) I Trust - 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $9.15 01/16/2007 M 5,590 11/01/2002 11/01/2007 Common Stock 5,590 $0 0 D
Explanation of Responses:
1. On October 1, 2006, the general partner of the Male Family Limited Partnership (the FLP) withdrew as general partner and redeemed her 1% interest in the FLP in exchange for a cash payment. As a result, the reporting person's percentage ownership interest in the FLP increased by .25%, resulting in the reporting person's acquisition of a pecuniary interest in an additional 298 shares of common stock. Also on October 1, 2006, the reporting person was appointed sole general partner of the FLP. Such appointment as general partner did not change the reporting person's pecuniary interest in the FLP and as a result is exempt from Section 16 of the Securities Exchange Act of 1934 pursuant to Rule 16a-13 thereunder.
2. The amount reflects an adjustment to add 301 shares to correct an inadvertent misstatement of the number of shares beneficiallly owned by the reporting person as reported in previous filings.
3. As custodian for children under the Uniform Gifts to Minors Act.
4. These shares are held in a trust for the benefit of the Reporting Person's wife. The Reporting Person is the Trustee and the Trust is revocable.
5. During the quarter ended December 31, 2006 the reporting person acquired 807 shares of PVF Capital Corp. common stock under the issuer's 401(k) Plan. This information in this report is based on a plan statement dated as of December 31, 2006.
Remarks:
/s/ Male, John R. 01/18/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.